An Abu Dhabi–based company has launched what it says is the first US dollar-backed stablecoin issued under the United Arab Emirates’ regulatory framework, marking a milestone in the country’s push to position itself as a regional hub for digital assets. … [Read more...] about Abu Dhabi firm rolls out UAE’s first regulated dollar stablecoin
Tether to launch UAE dirham-pegged stablecoin amid growing demand in the Gulf
Tether, the world’s largest stablecoin issuer, is set to introduce a new digital asset pegged to the United Arab Emirates dirham (AED), marking a significant expansion of its product offerings in a rapidly growing market. This move is part of Tether's broader strategy to diversify its stablecoin portfolio, which already includes tokens pegged to the U.S. dollar, euro, and … [Read more...] about Tether to launch UAE dirham-pegged stablecoin amid growing demand in the Gulf
Coinbase considers UAE as possible strategic hub
The company is exploring the UAE transformative potential of the cryptoeconomy … [Read more...] about Coinbase considers UAE as possible strategic hub
UAE Central Bank launches digital dirham strategy
The first stage involves a soft launch of blockchain-bridge for testing international payments and developing solutions for digital currency settlements with India … [Read more...] about UAE Central Bank launches digital dirham strategy
UAE plans to digitally transform its financial sector
Emirati authorities want to achieve a “cashless society” … [Read more...] about UAE plans to digitally transform its financial sector
UAE is set to welcome crypto licensing
Authorities are ready to issue federal licenses to local virtual assets service providers … [Read more...] about UAE is set to welcome crypto licensing
UAE Exchange partners with Ripple to launch blockchain-based payments
UAE Exchange, one of the largest remittance firms in the United Arab Emirates, and Ripple have partnered to launch blockchain-based payments in Asia by the first quarter of next year. … [Read more...] about UAE Exchange partners with Ripple to launch blockchain-based payments
Crypto news in brief (December 2, 2018): UAE, FINNEY, bitcoin ETF, Huawei
- UAE aims to transform 50% of government transactions into blochchain platforms by 2021 - Sirin Labs has released its blockchain smartphone, the FINNEY - SEC Chairman Jay Clayton has said he wants to see better market surveillance and custody for cryptocurrencies - Huawei Cloud has announced the global launch of its Blockchain Service (BCS) … [Read more...] about Crypto news in brief (December 2, 2018): UAE, FINNEY, bitcoin ETF, Huawei